Monty Rakusen/DigitalVision via Getty Images Synopsis AAR Corp. (NYSE:AIR) specializes in providing products, services, and solutions to commercial and government aerospace customers. For FY2024, AIR continues to report strong year-over-year growth as consolidated sales increased to approximately $2.318 billion. In addition, its FY2024 adjusted margins also expanded year-over-year. For its most recent 4Q24, AIR continued to report strong top-line growth as consolidated sales grew 19% year-over-year to $ ...

WOOD DALE, Ill., July 22, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded on TIME's inaugural list of America's Best Mid-Size Companies 2024.This prestigious award is presented by TIME and Statista Inc., the leading statistics portal and industry ranking provider. The list of the top 500 mid-size companies can be viewed on TIME's website."Recognition as one of America's Best Mid-Size Companies by TIM ...

AAR Corp. (AIR) reported fourth-quarter fiscal 2024 adjusted earnings of 88 cents per share, which surpassed the Zacks Consensus Estimate of 86 cents by 2.3%. The bottom line improved 6% from the year-ago quarter’s level. The company reported GAAP earnings per share (EPS) of 26 cents compared with 66 cents in the prior-year quarter.AAR reported fiscal 2024 adjusted earnings of $3.33 per share, which surpassed the Zacks Consensus Estimate of $3.30 by 0.9%. The bottom line improved 16.4% from the year-earlier ...

财务数据和关键指标变化 - 公司全年销售额创历史新高,达23亿美元,同比增长17% [7] - 调整后营业利润率从7.5%提升至8.3% [7] - 调整后每股收益从2.86美元增长至3.33美元 [7] - 第四季度销售额同比增长19%,达6.57亿美元 [19] - 第四季度调整后营业利润率从7.8%提升至9.3% [21] - 第四季度调整后EBITDA利润率从9.6%提升至11.6% [21] - 第四季度调整后每股收益从0.83美元增长至0.88美元 [22] 各条业务线数据和关键指标变化 零件供应业务 - 零件供应业务是公司最大和最赢利的业务,占总销售额55% [9] - 新件分销业务第四季度销售额增长16%,连续10个季度实现两位数有机增长 [9] - 可维修件业务第四季度销售额增长1%,但剔除整机销售后增长38% [11] - 零件供应业务第四季度调整后营业利润率提升130个基点至13.5% [24] 维修与工程业务 - 维修与工程业务第四季度销售额增长51%,其中Triumph产品支持业务贡献7300万美元 [25][26] - 维修与工程业务第四季度调整后营业利润率提升490个基点至11.5% [26] 综合解决方案业务 - 综合解决方案业务第四季度销售额增长10% [27] - 综合解决方案业务第四季度调整后营业利润率下降120个基点至5.6% [27] 各个市场数据和关键指标变化 - 商业客户销售额增长20%,其中新件分销业务增长尤为强劲 [19] - 政府客户销售额增长15%,主要得益于州务院项目和F-16项目的增长 [20] 公司战略和发展方向及行业竞争 - 公司正在加大在三大核心业务领域的投资,以推动增长、提高效率和利润率 [6] - 公司完成了有史以来最大规模的Triumph产品支持业务收购,并正在充分发挥其带来的协同效应 [14][15] - 公司正在推进PMA零件业务的整合和发展,未来几年内将成为一个有意义的业务 [15] - 公司正在扩大在亚太地区的分销业务,并利用Triumph在泰国的维修设施拓展区域业务 [64][65] - 公司预计未来3-5年内将实现5%-10%的平均年度有机销售增长,以及10%-15%的平均年度调整后每股收益增长 [30] 管理层对经营环境和未来前景的评论 - 公司正受益于航空旅行量高涨和机队老龄化带来的结构性利好 [6] - 尽管新发动机型号存在问题导致整机供应紧张,但未来几年随着新机型性能改善和新机交付恢复,整机和零件供应将逐步缓解 [12] - 政府客户需求有所恢复,但仍存在一定不确定性,需密切关注 [16][31] - 公司有信心在未来3-5年内实现10.5%-11.5%的调整后营业利润率,以及12.5%-13.5%的调整后EBITDA利润率 [29] 问答环节重要的提问和回答 问题1 **Michael Ciarmoli 提问** 询问第一季度9%的调整后营业利润率是否受到季节性因素影响 [35] **John Holmes 回答** 确认第一季度的利润率确实受到一定季节性因素的影响,但仍较上年同期大幅提升 [36] 问题2 **Bert Subin 提问** 询问公司未来几年的有机增长目标和基准 [46][47] **John Holmes 回答** 解释公司的有机增长目标是基于包含Triumph业务的更高基数,随着整合进展和供应状况改善,有机增长将逐步提升 [48][49] 问题3 **Scott Mikus 提问** 询问零件供应业务的利润率水平是否可持续 [57][58] **Sean Gillen 回答** 表示第四季度的13.5%利润率略高于过去几个季度的高12%水平,未来将保持在这一区间 [58]

For the quarter ended May 2024, AAR (AIR) reported revenue of $656.5 million, up 18.7% over the same period last year. EPS came in at $0.88, compared to $0.83 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $660.12 million, representing a surprise of -0.55%. The company delivered an EPS surprise of +2.33%, with the consensus EPS estimate being $0.86.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...

AAR (AIR) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.86 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.33%. A quarter ago, it was expected that this airplane maintenance company would post earnings of $0.84 per share when it actually produced earnings of $0.85, delivering a surprise of 1.19%.Over the last four quarters, the co ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended May 31, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 1-6263 AAR CORP. (Exact name of registrant as specified in its charter) Delaware 36-2334820 (State or other jurisdiction of ...

Exhibit 99.1 1 AAR reports record fourth quarter and fiscal year 2024 results · Record fourth quarter sales of $657 million, up 19% over the prior year · Fourth quarter GAAP diluted earnings per share from continuing operations of $0.26, compared to $0.66 in Q4 FY2023 · Record fourth quarter adjusted diluted earnings per share from continuing operations of $0.88, up 6% from $0.83 in Q4 FY2023 · Fourth quarter cash flow provided by operating activities from continuing operations of $25 million · Record full ...

Record fourth quarter sales of $657 million, up 19% over the prior yearFourth quarter GAAP diluted earnings per share from continuing operations of $0.26, compared to $0.66 in Q4 FY2023Record fourth quarter adjusted diluted earnings per share from continuing operations of $0.88, up 6% from $0.83 in Q4 FY2023Fourth quarter cash flow provided by operating activities from continuing operations of $25 millionRecord full year sales of $2.3 billion, up 17% over the prior yearFull year GAAP diluted earnings per sh ...

Acquisition will build on Honeywell's energy transition capabilities by creating an end-to-end offering for customers worldwideThe combination will create new opportunities for diversified growth and innovation in aftermarket services and software Transaction is expected to be immediately accretive to Honeywell's sales growth and segment margin while also accretive to adjusted EPS in the first full year of ownershipAir Products to continue its focus on its industrial gas business and related technology and ...